While much of the crypto market remains sluggish, ChainOpera AI (COAI) has become an unexpected powerhouse. Over the past month, the token, native to the decentralized AI platform ChainOpera, has skyrocketed by more than 2,200%, capturing traders’ attention across the sector.
In the last 24 hours alone, COAI surged 54.5%, bouncing back strongly after a 44% dip earlier in the week. The swift recovery signals renewed investor confidence, driven by rising interest in projects sitting at the crossroads of artificial intelligence and blockchain innovation.
At the time of writing, COAI trades around $9.50, marking a staggering rise from its previous lows, though still 78.5% below its all-time high. Despite this distance from the peak, the current rally highlights a shift in sentiment that could shape COAI’s trajectory in the coming weeks.
ChatGPT Effect Fuels ChainOpera’s Momentum
The latest catalyst behind COAI’s explosive growth appears to be OpenAI’s release of a ChatGPT browser, a development that reignited global enthusiasm for AI-integrated technologies. This advancement redirected market focus toward blockchain projects leveraging AI models, with ChainOpera AI emerging as a prime beneficiary.
According to a CCN report, the heightened interest stems from how ChainOpera positions itself as a “ChatGPT for crypto,” a collaborative AI ecosystem designed for scalable and community-driven development. Founder Salman Avestimehr has previously highlighted the project’s goal of enabling economic scalability through decentralised AI networks, resonating with investors eyeing the next frontier in Web3 infrastructure.
The renewed market spotlight has brought COAI to the forefront of the AI-token narrative, placing it alongside heavyweights in the sector. Analysts suggest that ChainOpera’s emphasis on collaborative AI training and shared value creation gives it a strategic edge in the emerging decentralised intelligence economy.
Trading Volume Surges Fivefold
Beyond sentiment and narrative, on-chain metrics also support COAI’s bullish run. Daily trading volume has jumped from around $50 million on 5 October to nearly $250 million today, marking a fivefold increase in market activity.
This sharp rise in liquidity reflects not only speculative momentum but also strong participation from both retail and institutional traders. Sustained volume at this level typically signals healthy market engagement, suggesting that COAI’s latest rally could be more than a fleeting hype cycle.
Market watchers note that higher trading volume often acts as confirmation of trend strength. If COAI maintains its current pace, the token could continue building technical support zones at higher price levels, paving the way for further upside.
Technical Charts Point to Continued Upside
From a technical standpoint, COAI’s 4-hour chart paints a compelling picture. The token has recently broken above the upper trendline of its descending channel, a move often interpreted as a bullish breakout and a possible transition from correction to recovery.
Supporting indicators further validate this positive shift. The Chaikin Money Flow (CMF) has climbed above the zero line, highlighting increasing buying pressure and capital inflows. Similarly, the Moving Average Convergence Divergence (MACD) has turned bullish, with its histogram flipping into positive territory, both strong signs of momentum renewal.
If the current structure holds, COAI could soon test resistance near $11.70. A decisive breakout above this level might propel the token toward $18.84, while a sustained bullish run could see it challenge the $30 mark, a potential new milestone in its ongoing uptrend.
However, traders should also remain cautious. Should selling pressure re-emerge, COAI’s price might retrace toward $5.60, negating the bullish setup and possibly leading to a short-term consolidation phase.
Outlook: A Strong Contender in the AI-Blockchain Space
As the wider crypto market grapples with uncertainty, ChainOpera AI stands out as a rare performer defying the downtrend. Its sharp 30-day rise underscores growing confidence in the AI-blockchain convergence narrative, a sector expected to attract significant investment in the next phase of digital innovation.
While volatility remains inherent, COAI’s surging volume, strong technical indicators and renewed investor interest suggest that the project may continue to outperform peers in the near term. If ChainOpera sustains its momentum and builds on its current fundamentals, the token could solidify its position as one of the leading AI-driven crypto assets in 2025.
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